| 4/24/2003 | BKCVDDHY | S&P confirms Broadwing ratings, off watch
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| 4/3/2003 | BKDDHY | Moody's cuts Consolidated Container
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| 3/27/2003 | BKCVHY | Moody's cuts HealthSouth, still on review
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| 3/27/2003 | BKCVDDHY | Broadwing's recapitalization includes note exchange, credit facility reduction
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| 3/14/2003 | HY | Fitch cuts Broadwing
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| 2/26/2003 | HY | Moody's upgrades Chesapeake, rates notes Ba3, converts B3
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| 1/22/2003 | HY | S&P cuts American Tower, still on watch, rates notes CCC
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| 1/13/2003 | BKHY | Broadwing anticipates using $350 million notes to pay down bank debt
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| 12/13/2002 | HY | Moody's cuts TXU to junk
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| 12/6/2002 | HY | S&P cuts Broadwing, still on watch
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| 11/1/2002 | HY | Moody's cuts Nortel
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| 10/7/2002 | HY | Moody's cuts Fleming
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| 8/29/2002 | HY | S&P cuts NRG four notches
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| 7/25/2002 | HY | S&P cuts Dynegy
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| 3/12/2002 | HY | S&P downgrades Lucent
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| 3/11/2002 | HY | Moody's lowers Preem outlook to negative
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| 2/25/2002 | HY | S&P downgrades Williams Communications, still on watch
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| 12/24/2001 | HY | Moody's puts Broadwing on review for downgrade
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| 10/3/2001 | HY | Moody's warns on wireline telecom sector
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